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Cyber Insurance

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At a Glance

In today’s connected environment, cyber security is a widespread concern. All too often, businesses do not fully understand their organisation’s cyber and data privacy risks until an event occurs. Any company can be affected by a breach of sensitive customer or employee information. Even the loss of a single laptop, if not properly managed, can turn into a public relations disaster. This product is underwritten by our insurance partner.

Features & Benefits

Key Coverages Excluded Industries (for straight-through online application) 
    • Business Interruption and Data Recovery 
      Loss of profits, as well as recovery expenses due to a network security failure or attack, human errors, or programming errors.

    • Incident Response 
      Forensic IT services; Crisis communications and reputational mitigation; Legal advice and investigation costs, supported by incident reporting hotline and local vendor.

    • Third Party Claims 
      Legal liability resulting from cybersecurity breaches, including failure to maintain confidentiality of data, payment for fines and penalties. Regulatory investigations or enforcement proceedings expenses will also be covered.

    • Network or Data Extortion / Blackmail

  • Worldwide Cover
  • Adult Content Sites 
  • Credit Bureaus 
  • Credit Card Processor 
  • Data Aggregators 
  • Data Processors (BPO’s) 
  • Financial Institutions, Security and Commodity Brokers 
  • Hospitals 
  • Online Exchanges, Stock Exchanges, Virtual Currency Exchanges 
  • Payment Gateways 
  • Social Networking Sites 
  • Telecommunications, Internet Service Providers, Application Service Providers, Cloud providers, Search Engine Providers 
  • Universities 
  • Utilities (Water, Electricity, Energy etc) including Critical Infrastructure

 

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